Q1 EPS Estimates for Baker Hughes Boosted by Seaport Res Ptn

Baker Hughes (NASDAQ:BKR) – Stock analysts at Seaport Res Ptn lifted their Q1 2025 EPS estimates for shares of Baker Hughes in a report issued on Wednesday, February 5th. Seaport Res Ptn analyst T. Curran now expects that the company will post earnings of $0.53 per share for the quarter, up from their prior estimate of $0.49. The consensus estimate for Baker Hughes’ current full-year earnings is $2.55 per share. Seaport Res Ptn also issued estimates for Baker Hughes’ Q1 2026 earnings at $0.61 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.79 EPS, Q4 2026 earnings at $0.80 EPS and FY2026 earnings at $2.92 EPS.

BKR has been the topic of a number of other reports. Jefferies Financial Group boosted their price objective on shares of Baker Hughes from $48.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, January 3rd. Atb Cap Markets downgraded shares of Baker Hughes from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Citigroup upped their target price on shares of Baker Hughes from $42.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. JPMorgan Chase & Co. upped their target price on shares of Baker Hughes from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Finally, Susquehanna upped their target price on shares of Baker Hughes from $53.00 to $55.00 and gave the stock a “positive” rating in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $50.18.

Baker Hughes Stock Down 1.7 %

Shares of Baker Hughes stock opened at $46.20 on Friday. The company has a current ratio of 1.32, a quick ratio of 0.94 and a debt-to-equity ratio of 0.35. The company’s fifty day simple moving average is $43.37 and its two-hundred day simple moving average is $39.40. The company has a market cap of $45.72 billion, a P/E ratio of 15.50, a PEG ratio of 0.89 and a beta of 1.39. Baker Hughes has a 12-month low of $28.63 and a 12-month high of $49.40.

Baker Hughes (NASDAQ:BKR) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.07. Baker Hughes had a net margin of 10.70% and a return on equity of 14.58%.

Baker Hughes Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Tuesday, February 11th will be paid a dividend of $0.23 per share. The ex-dividend date is Tuesday, February 11th. This represents a $0.92 annualized dividend and a yield of 1.99%. This is a boost from Baker Hughes’s previous quarterly dividend of $0.21. Baker Hughes’s dividend payout ratio is currently 28.19%.

Insider Buying and Selling at Baker Hughes

In other news, EVP Maria C. Borras sold 8,000 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $44.77, for a total value of $358,160.00. Following the transaction, the executive vice president now owns 173,302 shares in the company, valued at $7,758,730.54. This represents a 4.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.25% of the company’s stock.

Hedge Funds Weigh In On Baker Hughes

Several institutional investors have recently made changes to their positions in BKR. Raymond James Financial Inc. bought a new stake in Baker Hughes during the 4th quarter worth approximately $291,289,000. Hotchkis & Wiley Capital Management LLC raised its stake in Baker Hughes by 34.7% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 10,920,478 shares of the company’s stock worth $394,775,000 after acquiring an additional 2,811,940 shares during the period. Congress Asset Management Co. purchased a new stake in Baker Hughes during the 4th quarter valued at approximately $107,155,000. Yaupon Capital Management LP purchased a new stake in Baker Hughes during the 3rd quarter valued at approximately $47,296,000. Finally, Eagle Asset Management Inc. grew its holdings in Baker Hughes by 18.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 5,486,207 shares of the company’s stock valued at $198,326,000 after buying an additional 860,219 shares in the last quarter. Institutional investors own 92.06% of the company’s stock.

About Baker Hughes

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations.